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3D Printing Experiences Slight Decline in Q3 2023 Amid Economic Headwinds
3DPrint.com December 14, 2023
The additive manufacturing (AM) market has hit a plateau in Q3 2023, with a 1% estimated sequential decline from Q2 2023, according to the latest report from Additive Manufacturing Research (AMR). Despite the quarter-over-quarter dip, the sector has still achieved a 13% growth compared to the same quarter last year. This assessment covers all segments of the market, including hardware, materials, and services for both polymer and metal AM.
For nearly ten years, AMR has been the authoritative source for quarterly 3D printing market data, providing detailed industry insights. The recent figures reflect broader economic challenges, such as rising capital costs, which have particularly affected hardware sales. In contrast, material sales have fared better, showing continued health in this segment.
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